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Hotel / guest house for sale

Resident & Lounge with Modern Facilities

Olubunkun Avenue, Magada, Ibafo, Ogun
₦600,000,000
#354-219-3 25 Jun 2026
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30 Bedrooms
32 Bathrooms
32 Toilets
700 m² Plot size
Hotel / Guest Property type
Furnished Furnishing
Serviced Service
30 spaces Parking

About this property

Funsimfol Residence & k50 Lounge Sales: 600M 5-Year Lease: 50-60M per annum At Elder Ibironke Close off Olubunkun Avenue Magada Ibafo, Ogun State Ask of Supervisor Rose 1), The Property is sitting on 700Sqm 2,) It consists of 3 units of 2bedrooms and 1 unit of 1bedroom 3) It's fully furnished as seen in the pictures and videos sent 4), It's has a Gym 5) It's has swimming pool standard 6) Ample parking space for up to 10 vehicles 7) It's has a Bar and Lounge 8) It's has a reception 9,) Management office 10) Kitchen fully and we'll equipped 11) It's has 2 staff rooms 12) It's has 2 public rest room 13) It's has It's has 1 Chiller, 3 chest freezer, and standing Fridge and Freezer 14) It's has 40kva Solar inverter System with 60 panels 15), It has 3 Generators, 120kva, 60kva and 10kva 16) It has 32 channels CCTV camera 17) It has intercom System connection 18) It has 24 Solar Street Light all round the premises and the entire corridor/ Close 19) It has currently 11 member of staff consisting of 2 Chef, 2 Bar Personnel, 2 Portals/ House keepers, 1 Supervisor and 4 security personnel. 20) It has Starlink internet facility installed. 21) It has full set of standard sound system JBL including turn table for Dj, mixer, mics and 6 JBL speakers 22) It has 15 big sizes of fire extinguisher all round the entire facility 23) Both the Bar and Lounge has a sitting capacity of more than 100 guest. 25) It has more than 100 crates of Beers of different kinds 26) It has electric fence wire and security alarm system in place 27) The tittle of the property is CofO 28) The entire premises is concrete stamped 29) It has 4 big signage for direction and easy of location 30) It has a security post well furnished with CCTV and intercom system

Features and amenities

Interior & Finishing

Fitted kitchen Air conditioning POP ceiling Built-in wardrobes En-suite bedrooms Tiled floors Water heater Guest toilet

Power & Utilities

24/7 power supply Prepaid meter Standby generator Solar power Inverter Borehole Treated water High-speed internet / WiFi

Security & Safety

Security gate Perimeter fencing Electric fence Burglar proof CCTV surveillance Security / gateman Intercom Fire safety

Outdoor & Communal

Swimming pool Landscaped garden Boys' quarters (BQ) Car park Balcony Outdoor lighting Elevator Gym

Property details

Reference ID #354-219-3
Listed by Noble Touch Properties
Property type Hotel / Guest House
Listing status Hotel / guest house for sale
Bedrooms 30
Bathrooms 32
Toilets 32
Parking spaces 30
Plot size 700 m²
Built-up area 514 m²
Furnishing Furnished

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